About 4237 Fontainebleau Drive
$7,594 per month actual gross income. PRICE REDUCTION! Bridgewater Realty Advisors presents a fully renovated, turn-key 6 unit apartment complex located near Napoleon Avenue and S. Broad Street intersection in New Orleans, LA. The 100% occupied community offers six (6) renovated units amongst 3 stories. All of the units have been renovated to some degree, allowing for a new owner to capture the maximum rents the area will allow for these unit layouts. The property boast a 100% occupancy rate and the Broadmoor area is highly sought after by prospective tenants. This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint by purchasing a fully turn key asset in a great neighborhood of New Orleans that will see demand and appreciation for years to come.
Features of 4237 Fontainebleau Drive
MLS® # | 2493974 |
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Price | $795,000 |
Bedrooms | 9 |
Bathrooms | 6.00 |
Full Baths | 6 |
Square Footage | 5,952 |
Acres | 0.00 |
Year Built | 1950 |
Type | Multi-Family |
Sub-Type | Other, Apartment |
Status | Active |
Community Information
Address | 4237 Fontainebleau Drive |
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City | New Orleans |
County | Orleans |
State | Louisiana |
Zip Code | 70125 |
Amenities
Parking | None |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Window Unit |
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Cooling | WindowUnits |
Fireplace | No |
Has Basement | No |
Exterior
Exterior | Frame, Stucco |
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Lot Description | City Lot, Rectangular Lot |
Roof | Flat |
Construction | Frame, Stucco |
Foundation | Slab |
Additional Information
Days on Market | 209 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Provided By | Bridgewater Realty Advisors, LLC |